Ondas Holdings Inc. (NASDAQ:ONDS) is one of the High growth stocks to invest in now. On October 13, Ondas Holdings Inc. (NASDAQ:ONDS) expanded its partnership with Rift Dynamics. The partnership now also includes Nammo Raufoss, which is an advanced ammunition supplier with a strong manufacturing presence in the United States.
Under the expanded collaboration, all companies will develop Wasp Drones fully integrated with munitions payloads. These upgraded Wasp drones would be sold exclusively in the United States by the American Robotics subsidiary of Ondas Holdings Inc. (NASDAQ:ONDS). Management noted that the upgraded system, which combines Nammo’s warhead with Rift’s Wasp platform, will deliver NDAA-compliant systems capable of rapid scale-up and mass deployment.
Eric Brock, CEO and president of Ondas Holdings Inc. (NASDAQ:ONDS), believes that the integration of Nammo’s proven ammunition technology with the Wasp platform would be a game-changer for US defense customers.
Ondas Holdings Inc. (NASDAQ:ONDS) is dedicated to providing drone-based automated data solutions and advanced wireless connectivity.
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Disclosure: None. This article was originally published in Internal jumpsuit.